Articles tagged “china southern”

Chinese Airlines Show Glimpse of Recovery After Rough 2018

Chinese Airlines Show Glimpse of Recovery After Rough 2018

Bloomberg News

Chinese airlines had a rough 2018 on public markets, but this year is shaping up much better, at least so far. Will the good times last?

5 days ago

Air China’s Ominous Fall

Air China’s Ominous Fall

Jay Shabat, Skift Airline Weekly

Air China is its country’s clear profit champion. But as a new airport soon opens in its home city, its challenges are many.

3 weeks ago

SkyTeam Loses an Alliance Partner in China

SkyTeam Loses an Alliance Partner in China

Grant Martin, Skift

Delta frequent flyers are about to lose a SkyTeam partner in China, which means fewer miles and codeshare benefits. Those who fly American Airlines and other Oneworld partners, however, may soon gain one.

2 months ago

Chinese Airlines Hamstrung Despite Spiking Demand

Chinese Airlines Hamstrung Despite Spiking Demand

Bloomberg

Chinese airlines were given the green light to raise fares, but their lack of permission to hedge fuel has adversely impacted their performance. All of Trump's tariff talk hasn't helped, either.

5 months ago

Chinese Airlines Hit With Rising Costs Due to U.S. Trade Quarrel

Chinese Airlines Hit With Rising Costs Due to U.S. Trade Quarrel

Kyunghee Park and Dong Lyu, Bloomberg

The Chinese yuan has depreciated 5 percent against the U.S. dollar, making airline purchases of aircraft and payments of debts and leases costlier. Don't expect bold moves from them until the prospect of a trade war fades.

7 months ago

China Southern Sees Record Profit After Focusing on Domestic Routes

China Southern Sees Record Profit After Focusing on Domestic Routes

Bloomberg

So many players in the travel industry are focused on the lucrative outbound Chinese market, but domestic travel within China is heating up too.

10 months ago

China Southern Wants More U.S. Routes as Long-Haul Competition Heats Up

China Southern Wants More U.S. Routes as Long-Haul Competition Heats Up

Bloomberg

It looks like Chinese airlines are looking to expand in North America after a period of building out their domestic networks, and China Southern Airlines wants to gain ground on its rivals.

1 year ago

Chinese Airlines Are Shifting Focus to Domestic Routes to Follow Passenger Demand

Chinese Airlines Are Shifting Focus to Domestic Routes to Follow Passenger Demand

Dong Lyu, Bloomberg

China's state airlines were eager to flex their muscles overseas during the past few years but perhaps those route expansions were too aggressive or premature as most travel in China is still domestic.

1 year ago

Airbus Lands China Southern Deal for up to $6 Billion

Airbus Lands China Southern Deal for up to $6 Billion

Dong Lyu, Bloomberg

China Southern shows an enormous appetite for buying aircraft. It may buy about 300 planes by 2020, bringing its total to 1,000. That's more than American Airlines is expected to own by then.

2 years ago

Qantas Benefits From Competitive Chinese Airfares

Qantas Benefits From Competitive Chinese Airfares

Angus Whitley and Matthew Winkler , Bloomberg

As low-cost carriers consider growth, especially in the Asia-Pacific region, more established airlines like Qantas are placing more attention on their domestic routes instead.

2 years ago

China’s Big Three Airlines Set to Report Biggest Combined Profit Since 2010

China’s Big Three Airlines Set to Report Biggest Combined Profit Since 2010

Bloomberg News

It's hard to believe, considering Chinese airlines transported nearly half a billion customers last year. But the nation's big three airlines still have plenty of room to grow.

2 years ago

American Airlines Can Play Catch-Up in China by Closing China Southern Deal

American Airlines Can Play Catch-Up in China by Closing China Southern Deal

David Fickling, Bloomberg

Both Delta Air Lines and United Airlines have partners in China. American does not, and its OneWorld alliance does not even have a mainland Chinese airline in it. American must play catch-up, and buying a small stake in China Southern is one way to do that.

2 years ago